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Understanding America's Credit Card Debt Statistics for 2024
US credit card debt reached a record $1.142 trillion in 2024, with an average debt per American of $6,501. Explore the statistics.

James Heinz
Oct 17, 202412 min read
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Calculating Cost of Debt: Definitions, Formulas, and Examples
Explore the cost of debt problems and solutions with clear definitions, formulas, and examples. Learn how to calculate and address financial

James Heinz
Oct 16, 202410 min read
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Objectives of Principles of Public Debt Management
Explore the objectives and principles of public debt management, focusing on maintaining financial stability, reducing risk.

James Heinz
Oct 15, 20247 min read
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Strategies For Debt Portfolio Management
Learn key strategies for debt portfolio management that help reduce borrowing costs, manage risks, and improve overall financial performance

James Heinz
Oct 14, 202410 min read
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Managing Global Debt Crisis and International Cooperation Role
Explore global debt management strategies and the role of international cooperation in addressing the global debt crisis.

James Heinz
Oct 13, 20247 min read
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Finding Best Debt Consolidation Loans: Pros and Cons
As of Q2 2024, U.S. household debt has reached $17.796 trillion, driven by rising credit card and personal loan balances. Credit card...
Gushwork AI
Oct 11, 20248 min read
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IRS Tax Debt Relief and Forgiveness Programs
Shepherd Outsourcing helps you learn about IRS tax debt solutions and other relief programs that can help manage financial hardship.

James Heinz
Oct 3, 202411 min read
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Tax Relief Services for 2024
Shepherd Outsourcing helps you explore the best Tax Relief Services and its role in avoiding tax debt issues for 2024.
Gushwork AI
Oct 2, 20247 min read
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Understanding Debt Consolidation Loans
Simplify your finances with Shepherd Outsourcing by combining multiple debts into one loan and lower interest rates.

James Heinz
Oct 2, 202411 min read
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Individual Voluntary Arrangements (IVA) Help and Advice on Debt Solutions
An IVA is a legal agreement providing structured repayment, typically with affordable monthly payments lasting 5 to 6 years.

James Heinz
Oct 1, 20248 min read
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Understanding How to Calculate and Interpret Debt Management Ratios
According to Finance Strategists, a healthy Debt-to-Income Ratio (DTI)Â ratio is typically below 36%, indicating manageable debt levels.

James Heinz
Oct 1, 20246 min read
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Addressing the US National Debt Dilemma: Potential Solutions
Shepherd Outsourcing will explore solutions for U.S. debt, aiming to stabilize it by reforming tax codes and addressing rising

James Heinz
Sep 30, 202413 min read
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Debt Management or IVA: Which is Right For You?
Debt Management Plans (DMPs) and Individual Voluntary Arrangements (IVAs) are two debt relief options in the United States.

James Heinz
Sep 30, 202411 min read
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How Do Debt Management Companies Function and Generate Revenue?
According to the IBIS World, The Debt Management Company market size, measured by revenue, was $22 bn in 2024.Â

James Heinz
Sep 28, 20248 min read
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Bad Debt: Management, Reduction, and Accounting Methods
According to USA Today, Americans owe $986 billion on credit cards, surpassing the pre-pandemic high of $927 billion.

James Heinz
Sep 27, 202413 min read
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Managing and Reducing Technical Debt: Tips and Ways
Technical debt refers to the long-term costs and challenges that arise from making quick, short-term decisions in software development.

James Heinz
Sep 26, 20247 min read
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Debt Consolidation vs Debt Settlement: Comparing Your Options
When you are dealing with multiple credit cards, personal loans, or other financial obligations, managing debt effectively is crucial

James Heinz
Sep 20, 202410 min read
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Oklahoma Debt Consolidation: Solutions and Alternatives
If you're facing overwhelming debt in Oklahoma, you’re not alone. Many individuals find themselves struggling with credit card balances.

James Heinz
Sep 14, 20249 min read
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Steps to Become Debt Free with Consolidation Programs
According to the Federal Reserve, U.S. consumer debt reached approximately $17 trillion by the end of 2023, with credit card debt alone...

James Heinz
Sep 13, 202413 min read
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Payday Loan Debt Consolidation Guide
Merge high-interest loans into lower-interest personal loans to provide financial relief with Shepherd Outsourcing. Learn more!

James Heinz
Sep 13, 202411 min read
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